Municipal property rates increases assume that council needs further funding to maintain infrastructure and services. Will the allocation of funds to the CID result in an adjustment to future property rates to account for self-funding by residents? If not, why not?

No, there won’t be any adjustment to future rates. The level of municipal rates is determined centrally according to a City-wide budget. In principle, CID contributions are for additional services that the City does not currently provide to Camps Bay, together with other services such as private security, cameras etc. Currently, the majority of the rates paid by residents in Camps Bay are used for other areas in the Cape Metropole. The rates that are raised by the CID would ALL be used for Camps Bay.